Jennison Associates Portfolio holdings
Jennison Associates, founded in 1969 and headquartered in New York City, is a global investment management firm managing over $194 billion in assets as of late 2024, specializing in active equity and fixed-income strategies. A subsidiary of PGIM, the asset management arm of Prudential Financial, Jennison serves a diverse client base—including institutions, sub-advisory clients, public plans, endowments, and corporations—with a focus on fundamental research, bottom-up portfolio construction, and high-conviction investing. Known for its equity expertise across styles, geographies, and market capitalizations, as well as investment-grade fixed-income offerings, the firm employs seasoned portfolio managers averaging 29 years of industry experience and 16 years with Jennison. With additional offices in Boston and a culture emphasizing intellectual rigor and long-term client outcomes, Jennison has built a reputation for excellence and stability in the investment management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$821M |
| 2 |
AGN
Allergan plc
AGN
|
+$444M |
| 3 |
Apple
AAPL
|
+$304M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$301M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RTX Corp
RTX
|
+$839M |
| 2 |
Las Vegas Sands
LVS
|
+$405M |
| 3 |
Qualcomm
QCOM
|
+$402M |
| 4 |
Warner Bros
WBD
|
+$400M |
| 5 |
Perrigo
PRGO
|
+$357M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.61% |
| 2 | Consumer Discretionary | 14.39% |
| 3 | Communication Services | 12.98% |
| 4 | Technology | 11.5% |
| 5 | Energy | 10.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ITC
201
DELISTED
ITC HOLDINGS CORP
ITC
| $100M | 0.09% |
2,810,383
-135,487
| -5% | -$4.93M |
|
|
EMC
202
DELISTED
EMC CORPORATION
EMC
| $99.4M | 0.09% |
3,398,481
+302,525
| +10% | +$8.73M |
|
|
PL
203
DELISTED
PROTECTIVE LIFE CORP
PL
| $99.2M | 0.09% |
1,428,730
-491,514
| -26% | -$34.1M |
|
204
F5
FFIV
$23B
| $99.2M | 0.09% |
835,018
-216,377
| -21% | -$25.4M |
|
205
Range Resources
RRC
$8.85B
| $98.6M | 0.09% |
1,454,231
+209,972
| +17% | +$16M |
|
206
Eastman Chemical
EMN
$7.74B
| $98.5M | 0.09% |
1,218,217
+25,435
| +2% | +$2.12M |
|
207
Liberty Global Class C
LBTYK
$3.27B
| $97.7M | 0.09% |
2,943,807
-2,896,121
| -50% | -$97.6M |
|
208
Heartland Express
HTLD
$1.06B
| $97M | 0.09% |
4,049,635
+279,550
| +7% | +$6.47M |
|
209
SPX Corp
SPXC
$11B
| $96.6M | 0.09% |
4,082,871
-333,413
| -8% | -$8.66M |
|
|
HES
210
DELISTED
Hess
HES
| $96.5M | 0.09% |
1,022,637
+145,368
| +17% | +$14.4M |
|
|
AXE
211
DELISTED
Anixter International Inc
AXE
| $95.5M | 0.09% |
1,126,061
+429,314
| +62% | +$39M |
|
212
Hyatt Hotels
H
$18B
| $95.2M | 0.09% |
1,572,312
-27,691
| -2% | -$1.69M |
|
213
Kroger
KR
$35.5B
| $94.8M | 0.09% |
3,646,920
+3,622,026
| +14,550% | +$91.5M |
|
214
Agilent Technologies
A
$38.9B
| $94.2M | 0.09% |
2,311,404
-584,601
| -20% | -$23.9M |
|
215
Exelon
EXC
$48.2B
| $93.8M | 0.09% |
3,858,785
+24,140
| +0.6% | +$565K |
|
216
Patterson-UTI
PTEN
$3.57B
| $93.6M | 0.09% |
2,876,461
+419,503
| +17% | +$14.2M |
|
|
MINI
217
DELISTED
Mobile Mini Inc
MINI
| $92.7M | 0.09% |
2,651,601
+276,111
| +12% | +$11.4M |
|
218
Helmerich & Payne
HP
$3.36B
| $91.9M | 0.09% |
938,522
+12,729
| +1% | +$1.35M |
|
219
Wendy's
WEN
$1.39B
| $90.9M | 0.08% |
10,999,857
+555,216
| +5% | +$4.55M |
|
220
Deckers Outdoor
DECK
$13.6B
| $89.4M | 0.08% |
5,518,584
+760,032
| +16% | +$11.6M |
|
221
Thermo Fisher Scientific
TMO
$208B
| $87.6M | 0.08% |
720,156
+2,801
| +0.4% | +$341K |
|
|
RICE
222
DELISTED
Rice Energy Inc.
RICE
| $87.6M | 0.08% |
3,294,528
+1,037,877
| +46% | +$29M |
|
223
Ecolab
ECL
$76.4B
| $86.3M | 0.08% |
751,667
-233,918
| -24% | -$26.3M |
|
224
Sprouts Farmers Market
SFM
$7.23B
| $85.9M | 0.08% |
+2,955,176
| New | +$91.3M |
|
225
Rio Tinto
RIO
$150B
| $85.9M | 0.08% |
1,746,048
+240,710
| +16% | +$13.3M |
|
Similar funds
Jennison Associates's Q3 2014 Portfolio in Review
As of Q3 2014, Jennison Associates held 788 positions worth $108B, down 0.96% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Jennison Associates's Q3 2014 filing shows 82 new, 334 increased, 281 reduced and 71 closed positions. Its largest new stake was Alibaba: 9,140,584 shares worth $812M. The largest sale was RTX Corp, an estimated $839M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2014 buy was Alibaba: 9,140,584 shares worth $812M.
- Jennison Associates added most to Allergan plc in Q3 2014, an estimated $444M increase.
- Jennison Associates's biggest Q3 2014 reduction was Las Vegas Sands, cutting an estimated $405M.
- Jennison Associates fully exited RTX Corp in Q3 2014, selling an estimated $839M.
- Jennison Associates's ten largest holdings make up 20% of its $108B portfolio in Q3 2014.
- Jennison Associates opened 82 new positions and closed 71 in Q3 2014.
- Jennison Associates's portfolio value fell 0.96% quarter-over-quarter to $108B.
Based on Jennison Associates's 13F filing for Q3 2014, filed 5 Nov 2014.